Christian Dior: 2019 earnings up 14%

(CercleFinance.com) - Christian Dior, the parent company of LVMH, has published 2019 net income, group share of 2.
9 billion euros, up 14%, with underlying operating income of 11.5 billion euros, up 15%.

The luxury group reported sales of 53.7 billion euros, up 15%, with organic growth of 10%. Europe and the US reported strong growth, as did Asia, despite a difficult situation in Hong Kong in the second half of 2019.

Regarding its outlook, Christian Dior group said, it is starting 2020 cautiously confident and has again set itself the target of further outperforming the global luxury goods market.


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